Michael Sherman

Michael Sherman has transformed Zillow Rentals into a powerhouse of the Zillow Group ecosystem, driving the segment toward a billion-dollar revenue opportunity. In 2025, under Sherman’s strategic direction, the rentals marketplace achieved unprecedented scale, reaching an average of 36 million monthly unique visitors. The results were immediate and measurable: multifamily revenue surged by 56% year over year, while the property count climbed 45% to exceed 64,000 communities. By integrating rental listings into roughly 20% of Zillow’s total revenue, Sherman has successfully moved the needle on corporate growth while solidifying Zillow’s position as the most-visited rental platform in the United States.

Innovation remained a cornerstone of Sherman’s 2025 roadmap. He spearheaded the launch of “AI Assist,” a partnership with EliseAI that embeds conversational leasing technology directly into multifamily listings to handle inquiries and schedule tours 24/7. He also championed a major shift toward pricing transparency, mandating a full breakdown of upfront and monthly costs to improve inquiry quality for housing providers.

Furthermore, landmark partnerships with Redfin and Realtor.com expanded Zillow’s multifamily reach across the broader digital landscape. “In 2025, we showed that combining our scale with innovation can deliver real benefits to renters and partners alike,” Sherman shares. “This recognition reflects the hard work of our team and partners, and the progress we’re making to raise the standard for the entire industry.”